Bolivian Socialist Falange

The Bolivian Socialist Falange (FSB) is a fascist-inspired political party in Bolivia that was founded in 1937. The party was founded by Bolivian exiles in Chile in 1937, and it was built upon the ideals of Falangism. In its early years, it espoused the policies of Francisco Franco and Benito Mussolini, and it advocated changes to the existing oligarchy in power in Bolivia. From 1954 to 1974, it was the second-largest party in Bolivia, and, after its decline, it joined forces with Hugo Banzer's national conservative National Democratic Action party.